GREY:NMKEF - Post by User
Post by
phantom666on Aug 13, 2019 10:29am
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Post# 30021710
Morgan Stanley Eat your Heart Out
Morgan Stanley Eat your Heart Out
Global lithium production is currently a little over 200,000tpa, with 3.5Mtpa required by 2030 just to meet legislated EV production.....China is the only country that processes lithium into lithium carbonate and lithium hydroxide chemicals required for the battery sector.....Only five years ago the lithium sector was a boutique market with most of the material funnelled into ceramics, medicine and minor end-uses.... The current lithium glut concerns were a result of misinformation, misinterpretation and misunderstanding.....In addition to EV driven demand, the industry will be pressured for more lithium as energy storage and electronic products sectors also continue to grow.